In the market for a new home - your primary residence or a vacation spot? Open new doors with Sharonview and our new 3/3 Advantage Adjustable Rate Mortgage (ARM)!
With rates as low as 3.99%* for the first 36 months and an overall APR of 3.755%
You can get into a single-family or townhome with a great, low rate that may adjust only once every three years. The rate will never change more than 2% each adjustment period or more than 6% over the life of the loan.
Why Choose Sharonview? We put our members first and all of our mortgages are serviced in-house, answering any questions you may have about your loan with just one easy call.
Speak to a Mortgage Loan Officer today! Find out how our new 3/3 ARM give you the Advantage!
Also, additional adjustable rates are available!
Advantage 3/3 ARM Details
This ARM can be used for owner-occupied, single-family residence houses or townhouses and for first or second homes.
- Interest rate is locked for 3 years, then adjusts only once every 3 years thereafter
- Finance up to 80% of home's value (LTV)
- Low closing costs
- Adjustments cap at 2% per period and 6% for the life of the loan
*3.99% rate for the initial fixed rate period (fully adjusted rate of 3.755%) available to qualified borrowers with a minimum FICO score of 740+. Rate may increase after the initial fixed rate period. All offers subject to credit approval, and require minimum 6 months of principal, interest, taxes and insurance reserves, a maximum Loan-To-Value ratio of 80%, and maximum debt-to-income ratio of 45%. Additional property and borrower eligibility restrictions may apply; contact us for details. Applications accepted for up to $2,000,000 for properties located in NC, SC, NJ, PA, VA, TN, GA, and FL. Third-party charges, origination fees, points and interim interest may apply. Terms and conditions are subject to change without notice. Membership eligibility required.